S&P rates Pro Mach add-on loan B-

S&P said it assigned B- issue-level and 3 recovery ratings to Pro Mach Group Inc.'s planned $100 million incremental first-lien term loan due 2028.

Pro Mach’s B- issuer and senior secured ratings are unchanged.

The company plans to use the loan to fund acquisitions over the coming year.

The outlook is stable.

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